Habeas Corpus A writ issued to a sheriff, warden, or other official having allegedly unlawful custody of a person, directing the official to bring the person before the court, in order to determine the legality of the imprisonment.
Hackers People who enjoy playing with computers, a small minority of whom commit computer crime for the intellectual challenge of breaking into a computer.
Halo Effect Rating a person high or low on all items because of one characteristics on a performance appraisal.
Hard Goods Durable consumer goods which usually include such items as major appliances and furniture. Hard goods are products with a relatively long useful life.
Hardware Physical devices in a computer system.
Health Maintenance Organization (HMO) A form of health care which provides services for a fixed period on a prepaid basis.
Hearsay Evidence Evidence that is learned from someone else. It does not derive its value from the credit of the witness testifying but rests upon the veracity of another person.
Hedging Contract A contract of purchase or sale of an equal amount of commodities in the future, by which brokers, dealers, or manufacturers protect themselves against the fluctuations of the market.
Heirs Persons upon whom the statute of descent casts the title to real property upon the death of the ancestor.
Held-To-Maturity Securities Investments in bonds or other debt securities that management intends to hold until their maturity.
Hertz (Hz) Cycles per second, a measure of frequency.
Hierarchical Data Model Data model viewing data as a hierarchy with only one owner per record and data access through the nodes (records) in the hierarchy.
High Credit The highest amount of credit authorized or extended to a particular customer at any one time.
High-Level Machine Languages Permit programmers to use concise statements using formulas instead of breaking calculations into multiple steps. A compiler then translates the high-level programs into machine language. Types of high-level languages include: FORTRAN (FORmula TRANslator); COBOL (COmmon Business Oriented Language); BASIC (Beginner’s All-purpose Symbolic Instruction Code); PASCAL (for teaching structured programming); C (used to write programs for multiple types of computers); C++ (related to object-oriented programming).
High-Low Method A technique that uses the highest and lowest total cost as a basis for estimating the variable cost per unit and the fixed cost component of a mixed cost.
Hold Harmless A contract wherein one agrees not to hold the other responsible for any loss, damage or other liability regardless of the degree of actual responsibility or negligence involved.
Holder A person who is in possession of a document of title or an instrument or an investment security drawn, issued, or endorsed to him or to his order or to bearer or in blank.
Holder in Due Course One who has acquired possession of a negotiable instrument through proper negotiation for value, in good faith, and without notice of any defenses to it.
Holding Company A corporation organized for the purpose of owning and holding the stock of other corporations.
Honor To pay or to accept a pay, where a creditor so engages to purchase or discount a draft complying with terms of the instrument.
Horizontal Merger Occurs when one firm purchases other firms that produce similar or competing products.
Host Computer A computer that performs central processing for a telecommunications network.
Host-Country National An employee who is a citizen of a country in which a branch or plant is located, but the organization is headquartered in another country.
Hot Stove Rule A principle that states a discipline should immediately follow an infraction, provide ample warning, be consistent, and be impersonal.
Hot-Cargo Contract An agreement between employer and union, whereby an employer agrees to refrain from handling, using, selling, transporting, or otherwise dealing in the products of another employer or agrees to cease doing business with some other person.
Human Resource Accounting A specialized HR audit that continually attempts to quantify the value of organizational human resources.
Human Resource Audit A formal research effort to evaluate the current state of HR management in an organization.
Human Resource Information System (HRIS) An integrated system designed to provide information used in HR decision making.
Human Resource Management Staffing function of the organization. It includes the activities of human resources planning, recruitment, selection, orientation, training, performance appraisal, compensation, and safety.
Human Resource Planning The process by which management ensures that it has the right personnel, who are capable of completing those tasks that help the organization reach its objectives.
Hyperinflation A very high rate of inflation.
Hyperlinks Are electronic pointers that help a system user jump from one resource to another by simply entering a number on the keyboard, or pointing or clicking with the computer mouse.
Hypermarket A gigantic discount retail complex that combines the features of supermarkets, department stores, and specialty stores under one roof.
Hypertext The computer-based electronic documents that use hyperlinks.
Hypothesis A statement about relationships among key variables.
Hysteresis The theory that a sustained period of high or low unemployment can increase or decrease the natural rate of unemployment.

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